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You are at:Home » Playground Labs Announces Kapital DAO To Onboard The Next Billion Users Into Web3 Gaming
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Playground Labs Announces Kapital DAO To Onboard The Next Billion Users Into Web3 Gaming

Kapital DAO is a Web3 Gaming Guild-as-a-Service Protocol, with $7M in Funding.
Arun ShakyawarBy Arun ShakyawarApril 20, 2022Updated:April 20, 2022No Comments3 Mins Read
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Playground Labs Announces Kapital DAO To Onboard The Next Billion Users Into Web3 Gaming.
Sam Peurifoy, CEO of Playground Labs. Image Credit: Bloomberg
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Playground Labs, a blockchain gaming development company, today announces the launch of the Kapital DAO guild and web3 gaming protocol.

Kapital DAO is a Web3 Gaming Guild-as-a-Service Protocol, with $7M in Funding. This project is designed to funnel billions of capital and players into the web3 gaming ecosystem by eliminating operational friction at every step of organizational gaming.

Playground Labs brings digital productivity to life in the metaverse. Playground Labs creates next-generation infrastructure for the metaverse economy by creating decentralized autonomous organizations (DAOs) and play-to-earn gaming products in the virtual world. This allows anybody to generate real economic utility by playing the games they enjoy.

The Kapital DAO aims to onboard the next billion players into web3 gaming through scalable and trustless operational infrastructure, as well as large scale internal asset deployment and eSports participation within key blue-chip gaming ecosystems.

Through close industry partnerships, the Kapital DAO secures robust connections to key smart contracts and public data sources to provide guilds on its platform with a full suite of operational tooling to cover everything from analytics to payouts.

The Kapital DAO enables two crucial web3 gaming features: it empowers anyone, including large investors and institutions, to scale play-to-earn gaming operations by simply delegating permissions trustlessly to any third party (e.g. a talented player) instead of manually performing laborious blockchain transactions individually; in addition, the Kapital DAO itself functions as a massive decentralized gaming guild, boasting over 50,000 members at launch with substantial funding and plans to onboard thousands more players over the coming months.

Today’s announcement comes as web3 gaming approaches a critical juncture, with hundreds of millions of dollars pouring into the nascent space but very few true scaling solutions available. The Kapital DAO specifically aims to partner with top-tier blue-chip games and establish early footholds through robust industry relationships to scale at the highest level of competition.

The company said that the project’s “guild-as-a-service” protocol has already garnered dozens of applicant guilds who will be activated within the coming weeks, with each specifically seeking to reduce their own operational overhead by utilizing the Kapital DAO’s trustless delegation systems.

Kapital DAO’s internal monetization methods scale with player volume in the web3 gaming space, and the project is committed to bringing players, organizations, and institutions into the fold.

“Innovation in web3 gaming is taking off at breakneck speed, and the Kapital DAO is uniquely positioned to provide an omnibus solution for investors and players alike who are looking to deploy assets or massively scale operations within the play to earn space,” said Sam Peurifoy, CEO of Playground Labs.

“The project’s tech solution is live now and actively in the process of onboarding the first 100,000 players from participating guilds onto the platform,” Sam said.

Read Also: Framework Ventures Raises $400M To Invest In Web3, DeFi, and Crypto Gaming Projects

Decentralized Gaming Playground Labs Web 3.0
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Arun Shakyawar
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Arun Shakyawar is a Tech writer based out of Los Angeles. He holds an Engineering degree in Electronics and communications, and an MBA in marketing. He specializes in TMT. Before writing full-time, Arun worked as a management consultant with leading consulting firms. As a consultant he developed interest in blockchain technology, and now actively tracks blockchain and digital asset markets. Arun can be reached at arun@alexablockchain.com.

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